Fox Sports Jay Glazer has tweeted out tonight that Denver Broncos Head Coach John Fox has agreed to a three-year, $16.5 million dollar deal. It was initially reported that Fox signed a contract extension, but Fox's final year of his deal was "ripped up", and he signed a new contract.
This new deal will keep Fox under contract through the 2016 season. His original contract was set to expire at the end of the 2014 season.
Broncos HC John Fox has agreed to new three-yr extension. Both Super Bowl head coaches have now agreed to new deals in 24hr span.— Jay Glazer (@JayGlazer) April 5, 2014
Since being hired in 2011, Coach John Fox has had an impressive three year stint with the Denver Broncos. Fox's three year regular season win/loss record is 34-14(71% win percentage), and is 3-3(50% win percentage) in the postseason as the Broncos Head Coach. In each of Fox's three years as the Broncos Head Coach the team has won the AFC West each year, they have advanced to at least the AFC Divisional Championship, and advanced to the Super Bowl this past season.
However, some haved questioned whether or not John Fox deserves a contract extension. Fox has a reputation of being a conservative coach, and has been out coached in some big games. One example of this is the 2012 AFC Divisional Game when many fans and experts questioned Fox's late game management. Also some are questioning Fox after the teams Super Bowl performance. The team did not look prepared, the game plan was lacking, and Fox was just out coached by Seattle's Pete Carroll.
John Fox’s new 3-year deal was described as "fair and generous." Don’t expect an announcement tonight with #Rockies home opener in town.— Ian Rapoport (@RapSheet) April 5, 2014
Sounds like the deal won't be officially be announced until tomorrow, but it appears that both Super Bowl Head Coaches signed extensions on the same day.
John Fox's initial 4-year deal paid him about $3.5 mil per. Ripped up with 1 yr left. This 3-year deal will pay him about $5.5 mil per.— Mike Klis (@MikeKlis) April 5, 2014
Fox is getting a two million dollar per-year pay raise in his new deal according to the Denver Posts Mike Klis.
Update: The Denver Broncos make John Fox's deal official:
Here's what John Elway had to say about Fox's new deal.
"We are pleased to reach this agreement with John Fox, who has played a key role in the success and improvement of the Broncos during the last three seasons," Elway said. "While our team has made progress each year under Coach Fox, we both understand that there is still work to be done for us to reach our ultimate goal.
"Having continuity at the head coaching position is critical in building a championship team, and John Fox is an important part of our foundation as we move forward."
Coach Fox is ust the sixth head coach in NFL history to lead multiple teams to the Super Bowl. Fox also ranks fifth among active NFL head coaches with 115 career wins. That number places him 33rd in league history as he enters his 26th year coaching in the NFL. Fox has coached 33 players who have earned a total of 63 Pro Bowl selections at 14 different positions during his career.
“I want to thank John Elway and the Broncos organization for the trust they have shown in me with this agreement,” Fox said. “I’m proud of what our teams have accomplished, but our expectations are much greater as we pursue the Super Bowl championship that our fans deserve."
"We got closer this past year, but we came up short. So right now all the eggs are in the basket for '14 and doing everything we can to bring that championship back here to Denver."
The Broncos have had a very successful tenure under Coach Fox, and I'm looking forward to another successful three years from Fox and the Broncos!